debt
confidence high
sentiment neutral
materiality 0.50
Cboe issues $300M 3.000% senior notes due 2032 to fund ErisX acquisition
Cboe Global Markets, Inc.
- Issued $300M aggregate principal of 3.000% Senior Notes due March 16, 2032, in a public offering.
- Interest payable semiannually on March 16 and September 16, starting September 16, 2022.
- Net proceeds, with cash on hand and additional borrowings, to fund previously announced ErisX acquisition.
- Notes redeemable at make-whole spread of T+20 bps before Dec 16, 2031; thereafter at par.
- Change-of-control put at 101% of principal plus accrued interest.